In last week’s post we discussed your company’s options when it suspects that the opposing party has destroyed evidence and is keeping it hidden either before or during a lawsuit. What if your company has the information it needs to prove a former employee took...
In our last post we discussed what your company should do before filing a lawsuit to make sure evidence is preserved and maintained during the litigation process. But what if you suspect that your former employee and/or his or her new employer destroyed evidence after your...
In our last post we began a discussion about your company’s next steps when it discovers a former employee has not only improperly began competing with your business or has taken your company’s proprietary information, but has also began using your company’s proprietary information for...
In our last few blogs, we have discussed how to draft strong business contracts, such as non-compete agreements and confidentiality agreements, and whether or not to pursue litigation if a former employee breaches a non-compete agreement. What is the next step if your business decides...
In my last two posts, I discussed non-compete agreements and nondisclosure agreements, both of which are key for small businesses operating in a competitive market. However, neither agreement is worth the paper they are written on, if your business is not prepared to enforce the...
Last week we discussed non-compete agreements, and why they are critical to protecting your company’s trade secrets and other propriety information, such as client lists, marketing plans, and pricing and discount structures. However, what if your business is located in or doing business in a...
Competition is key for innovation and growth in any market. However no small business wants to see its best and brightest employees leave and set up an identical business (or work for an identical business) down the proverbial block. While you cannot keep your former...
JPMorgan Chase & Co will pay $797.5 million in cash to Lehman Brothers Holdings Inc. to end all litigation concerning the September 2008 global financial crisis. Lehman entered into Chapter 11 bankruptcy on September 15, 2008--the biggest bankruptcy in U.S. history, with $613 billion in debt--and since...
AES Electrical, Inc. (d/b/a Freestate Electrical Construction Company), an electrical subcontractor who worked on the Trump International Hotel in Washington D.C., has sued Trump Old Post Office LLC, the holding company for the Trump hotel, as well as Lend Lease (US) Construction, Inc., the general...
JPMorgan Chase agreed to a $55 million-dollar settlement with the U.S. Justice Department concerning allegations that it discriminated against minority borrowers by allowing mortgage brokers to charge them more for home loans. In United States of America v. JPMorgan Chase Bank, NA, No. 1: 17- cv- 00347 (S.D.N.Y. Jan. 18, 2017),...
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